Bitcoin Price

Posted 01 Jan 2005

[pullquote]Oh, the hell with that. Just use Bitcoin, which is the currency on the Internet. - Rush Limbaugh[/pullquote]After the infographic is a collection of interviews and articles done over the years on Bitcoin along with the popular Free Bitcoin Guide:

Bitcoin, or Money Over IP, is the world’s first decentralized censorship-resistant digital crypto-currency based on cryptographic protocols.

Bitcoin empowers individuals to send any amount of money to anyone anywhere at anytime without any risk of transfers or funds being impeded, frozen, seized or confiscated in anyway and all for little or no fees. The supply of bitcoins is limited by software code and cannot be changed.

Bitcoin is to money and currency what HTTP is to Internet traffic, email is to electronic messages or Skype is to voice communications. Bitcoin is changing finance the same way the Internet has revolutionized publishing and communications.

As more people and businesses, like WordPress, Reddit and MEGA Upload, adopt Bitcoin for their transactions then network effects take place and there is an increase in both speculative and transactional demand for bitcoins.